Global goat milk powder market to reach US$5.7 billion by 2027

Published 2023년 3월 16일

Tridge summary

The global goat milk powder market is expected to grow from $3.5 billion in 2021 to $5.7 billion by 2027 at an average rate of 8.45% due to the demand for infant formula and the nutritional benefits of goat milk. The Asia-Pacific region, led by China, is expected to drive this growth, as goat milk is easier to digest and is a good alternative for those with lactose intolerance. The production of goat milk powder requires strict hygiene and equipment cleaning to ensure the product is free of cow's milk residues.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The most promising direction for the supply of powdered goat milk is China According to a report by consulting company Arizton, the global goat milk powder market was estimated at $3.5 billion in 2021 and is expected to reach $5.7 billion by 2027, growing by an average of 8.45% since 2022 to 2027. Powdered goat milk is produced by evaporating raw materials until completely dry. The main reason for drying milk is to preserve it, since the dry product lasts longer without refrigeration than liquid milk, while still retaining all the nutritional benefits of goat milk, and there are many of them. The market driver is infant formula, as goat milk powder is similar to human breast milk. Goat milk contains A2 casein, just like human breast milk, and is easily digested by newborns. Also, in goat's milk, fat globules of a smaller diameter than in cow's milk ensure rapid absorption in 94% of young children. Demand for goat's milk products is growing worldwide due to the added nutritional ...
Source: Agroxxi

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